President Trump has threatened to slap a 30% tariff rate against the EU and a flurry of customized tariff rates on other countries that fail to cut a new deal with him.{ai:summary}<p>It seems there was no content provided for summarization. Please provide the text you would like summarized.</p>

Commerce chief Lutnick insists Aug. 1 is ‘hard deadline’ for EU and tariffs: ‘They’re going to start paying’

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